KNAU-FM: Jude Joffe-Block

Around the Nation
12:18 pm
Mon March 12, 2012

Vegas Museum Offers A Mob History You Can't Refuse

Look Out, Copper: A 1928 Ford Model A car (left) and a 1938 Ford paddy wagon arrive at the Feb. 14 grand opening of The Mob Museum in Las Vegas.
Ethan Miller Getty Images

Originally published on Mon March 12, 2012 6:56 pm

As soon as you step in the elevator of Las Vegas' new Mob Museum, a cop on a video monitor reads you your rights. When the doors finally open, you're greeted by a huge photo of 1920s-era gangsters standing in a police lineup, wearing fedoras.

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Economy
2:13 pm
Tue December 27, 2011

Las Vegas Housing Market Attracts Asian Investors

A vacant home in Las Vegas owned by Bank of America. Nevada continues to top the nation in unemployment, foreclosures and bankruptcies.
Isaac Brekken AP

Originally published on Tue December 27, 2011 3:31 pm

Investors from Asia are taking advantage of housing prices that have plummeted in recent years, buying foreclosures and short sales at below what it would cost to build them.

Kevin Chu's Hong-Kong investment firm owns property in Las Vegas, but he's never seen any of it. So his first visit to the U.S. is to inspect the houses in Las Vegas.

In the past 18 months, the firm he works for, The Creations Group, bought up distressed homes all over the U.S. — including 13 Las Vegas houses at fire sale prices.

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